Two-Unit Residential Income
13 Main Street Plaistow, NH 03865
For Sale
$599,000
A two-unit building with separate full baths and kitchens, basement storage, and off-street parking on a sizable lot.
Property Size1,294 SF
Lot Size0.83 Acres
Price / SF$462.91
Days on Market152
Property Features for 13 Main Street
General Information
- Standard status
- Active
- Size
- 1,294 SF
- Lot size
- 0.83 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing Agency:
Lillian Montalto Signature Properties
Listed By:
Lillian Montalto
(617) 510-4783
Source:
Lakesregionrealestate
Added: Feb 25
Changed: Jul 10
Last Checked: Jul 27 at 12:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lillian Montalto Signature Properties
Investment Insights
Based on property information with market context.
This two-unit residential income property includes one one-bedroom unit and one two-bedroom unit, for a total of 1,294 square feet. Each unit has its own kitchen and full bath, supported by a full basement that can be used for storage. The property is served by oil heat and mini-split cooling, with septic sewer and well water in place.
The building sits on a 0.83-acre lot with ample off-street parking. The public remarks also note convenient proximity to shopping, dining, and major routes.
For buyers, this configuration can fit an owner-operator or investor looking for an in-place, two-tenant residential rental setup. The separate unit layouts, individual kitchens, and full baths provide straightforward day-to-day livability for residents, while the basement and off-street parking add practical utility for ongoing operations.
The building sits on a 0.83-acre lot with ample off-street parking. The public remarks also note convenient proximity to shopping, dining, and major routes.
For buyers, this configuration can fit an owner-operator or investor looking for an in-place, two-tenant residential rental setup. The separate unit layouts, individual kitchens, and full baths provide straightforward day-to-day livability for residents, while the basement and off-street parking add practical utility for ongoing operations.
Key Highlights
- 2‑unit multi‑family at 13 Main Street, Plaistow, NH, built in 1910
- 1 one‑bedroom and 1 two‑bedroom unit totaling 1,294 sq ft, each with its own full bath and kitchen
- Generates approximately $51,300 in gross annual rental income
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $25.20 |
| − Vacancy | −$1.5k | −$1.13 |
| EGI | $31.1k | $24.07 |
| − OpEx | −$9.3k | −$7.22 |
| NOI | $21.8k | $16.85 |
1,294 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.4K
$272.5K – $363.3K
NOI $21,799 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$280.5K
$245.5K – $327.3K
NOI $19,636 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K
NOI $30,157 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - A two-unit building with separate full baths and kitchens, basement storage, and off-street parking on a sizable lot.
Where is this duplex located?
The property is located at 13 Main Street Plaistow, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2‑unit multi‑family at 13 Main Street, Plaistow, NH, built in 1910; 1 one‑bedroom and 1 two‑bedroom unit totaling 1,294 sq ft, each with its own full bath and kitchen; Generates approximately $51,300 in gross annual rental income
